4 signs that your company has an inventory management issue
Sales & Operations Planning
Achieving supply chain synchronicity – aligning inventory, supply, distribution and procurement plans as precisely as possible with actual and estimated demand levels – is the key for companies to maximize productivity and profit.
With ICRON S&OP, you can bring your supply and demand into perfect balance by enabling integrated business planning, optimal collaborative decision-making, and cross-functional alignment and agility.
With ICRON’s S&OP solution, your company will be able to:
- Rapidly generate optimal tactical plans that reduce operating costs, inventory and improve resource utilization, customer service and profitability.
- Identify and resolve bottlenecks.
- Manage inconsistencies between sales forecasts, realized customer orders, supply constraints and managerial goals (KPIs).
- Increase demand forecast accuracy.
- Conduct what-if scenario analysis to determine the best course of action when facing changing circumstances or constraints.
- Continuously monitor KPIs to align actual costs and revenue with budgeted costs and revenue.